Perth, Australia – 3 August 2022 – MaxCap Group Australia’s leading commercial real estate (CRE) financier, today announced the appointment of Justin Pearce to the position of State Director – Western Australia (WA).

Justin has over 22 years of real estate and resource finance experience across both institutional and business banking having held senior lending and relationship management roles for CBA and St George Bank in Perth.

He will report to MaxCap’s Chief Investment Officer Bill McWilliams and will start in his new role on 15 August 2022. His remit includes the development and growth of MaxCap’s business in WA and he will be responsible for senior relationship management of borrowers, investors and key market participants.

“Justin has a successful track record in the WA market. His extensive industry experience, deep market knowledge and broad network, will be key to our continued growth. We are delighted he is joining our team,” said Mr McWilliams.

“Western Australia is expected to provide continued opportunities for attractive growth and expansion as we continue to diversify the geographic spread of our lending book. Perth currently has the nation’s lowest unemployment rate and highest average weekly wage,

Sub -1% metropolitan vacancy rates and the second most affordable housing of any capital city. We remain committed to our Perth strategy of having local market expertise on the ground and expect demand for capital into the CRE market will continue,” he added.